German States
Baden. Friedrich I 5 Mark 1875-G AU55 NGC, Karlsruhe mint, KM263.2. Inverted "V" for "A" of BADEN. An elusive type, particularly at this level, with no examples presently certified at the Mint State level. The deeply toned surfaces are awash in watercolor pastels, leading the eye toward the central designs, of which only mild wear is apparent. Visually remarkable, and in a technical quality that remains challenging to surpass.
Ex. Engelen Collection
https://coins.ha.com/itm/german-states/baden/german-states-baden-friedrich-i-5-mark-1875-g-au55-ngc-/a/3085-31490.s?type=CoinArchives3085
HID02906262019
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Estimate: 600-800 USD